Skip to Content

Alkane Resources Ltd ALKEF

Morningstar Rating
$0.33 +0.01 (1.97%)
View Full Chart
Unlock our analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ALKEF is trading at a 44% discount.
Price
$0.33
Fair Value
$3.63
Uncertainty
Extreme
1-Star Price
$8.13
5-Star Price
$8.23
Economic Moat
Vkrl
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ALKEF is a good fit for your portfolio.

Trading Information

Previous Close Price
$0.32
Day Range
$0.310.33
52-Week Range
$0.310.64
Bid/Ask
$0.31 / $0.35
Market Cap
$196.01 Mil
Volume/Avg
14,550 / 25,124

Key Statistics

Price/Earnings (Normalized)
7.04
Price/Sales
1.68
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Alkane Resources Ltd owns and operates Tomingley Gold Operations, an open pit and underground gold mining development, located 50km southwest of Dubbo. It also holds several prospective gold and copper tenements in Central West NSW, including the Boda deposit 20km north of Wellington. The initial Boda and Kaiser resource estimates suggest a genuine prospect for a large-tonnage gold-copper development.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Core
Total Number of Employees
134

Comparables

Valuation

Metric
ALKEF
GMD
RNU
Price/Earnings (Normalized)
7.04253.62
Price/Book Value
1.081.851.60
Price/Sales
1.687.39
Price/Cash Flow
3.35
Price/Earnings
ALKEF
GMD
RNU

Financial Strength

Metric
ALKEF
GMD
RNU
Quick Ratio
1.662.4647.64
Current Ratio
2.132.9247.69
Interest Coverage
28.72
Quick Ratio
ALKEF
GMD
RNU

Profitability

Metric
ALKEF
GMD
RNU
Return on Assets (Normalized)
7.62%
Return on Equity (Normalized)
10.24%
Return on Invested Capital (Normalized)
9.36%
Return on Assets
ALKEF
GMD
RNU
See how this stock stacks up to its competitors with Morningstar Investor

Gold Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
ZIJMY
Zijin Mining Group Co Ltd ADRYkczxxs$48.5 Bil
ZIJMF
Zijin Mining Group Co Ltd Class HJvdtkvd$48.5 Bil
NEM
Newmont CorpNxcxs$36.0 Bil
GOLD
Barrick Gold CorpDbg$25.9 Bil
AEM
Agnico Eagle Mines LtdNpdrc$24.7 Bil
FNV
Franco-Nevada CorpLcyyz$20.7 Bil
WPM
Wheaton Precious Metals CorpZszmfbq$18.1 Bil
GFI
Gold Fields Ltd ADRSfqxh$11.3 Bil
GFIOF
Gold Fields LtdRbgvj$11.3 Bil
KGC
Kinross Gold CorpJlng$6.1 Bil

Sponsor Center